Lendingkart Group featured in KPMG and H2 Ventures ‘Fintech 100’ Global Report
India, 30 November, 2017: India’s leading online lending platform that facilitates SMEs in obtaining working capital loans, Lendingkart Group, has been recognized as one among the world’s top fintech innovators by KPMG and H2 ventures in their prestigious 2017 FINTECH 100 Global report. The ‘Fintech 100’ report consists of two complied lists – the world’s top 50 ‘Established Innovators’ and the 50 most intriguing ‘Emerging Stars’. In the list of the World’s Top 50 ‘Established Innovators’, Lendingkart Group has emerged as the only Indian fintech company.
“FINTECH100is one of the most sought after reports in the Fintech space and it is an honorto be a part of the global list. We, at Lendingkart Group, are committed toeliminate the credit gap that exists in the SME community by use of Technologyand Analytics, and this is an important recognition that reflects on thesuccess we have seen over the last three years. Innovation has been thebackbone of all we do at Lendingkart Group as we constantly work towardscreating a more seamless and automated loan disbursal process. Such accoladeskeep us motivated to continue the innovation, working our way towards financialinclusion of the MSME space.”, said Harshvardhan Lunia, Co-Founder and CEO, LendingkartTechnologies.
LendingkartGroup's consistent focus on seamless delivery of quality and hassle-freeservices in facilitating small business working capital loans, has enabled itto become a part of the celebrated report. It is the only Indian fintechcompany to be featured thus in the established innovators list. The report isrenowned to feature companies that utilize technology to disrupt financialservices industry across the world.
LendingkartGroup NBFC provides for working capital needs of Small and Medium-sized Enterprisesoffering quick and easy collateral-free loans with minimal paperwork. Therobust technology platform has helped create a highly operational efficiencymodel that utilises over 5000 variables and data points for swift loandisbursement, delivered within 72 hours of complete loan application.Lendingkart Finance offers quick and easy collateral-free loans with minimalpaperwork. Over 3,00,000 SMEs from more than 900 cities in the countryhave till date reached out to Lendingkart Finance for their credit needs.
In compilingthe list, KPMG and H2 Ventures have followed a rigorous process where theyshortlisted and reviewed over 1,500 fintech firms from around the world. In the2017 Global Report, firms from 29 countries have been featured including 41companies from the UK and EMEA (Europe, the Middle East and Africa), 29companies from the Americas (North and South America), and 30 companiesfrom Asia (including Australia and New Zealand). While Chinacontinued to dominate the list with five of the Top 10 companies being Chinesefirms, four Indian firms have been featured in the report, intotal.